Under IFRS a parent may exclude a subsidiary from consolidation
only if all of the following conditions exist, except

It is wholly or partially owned and its owners do not
object to nonconsolidation.It does not have any debt or equity instruments publicly
traded. It has one class of stock.
Its parent prepares consolidated financial statements
that comply with IFRS.

Correct - Your answer is correct.

Wrong - Your answer is wrong.

Detailed Answer

(c) The requirement is to identify the item that is not a
condition to exclude a subsidiary from consolidation under IFRS.
Answer (c) is correct because it is not required that the subsidiary
have only one class of stock.